Information  X 
Enter a valid email address

Rathbone Brothers (RAT)

  Print      Mail a friend       Annual reports

Thursday 26 March, 2020

Rathbone Brothers

Director/PDMR Shareholding

RNS Number : 7829H
Rathbone Brothers PLC
26 March 2020
 

Rathbone Brothers Plc (the "Company")  

Notification of Transactions of Persons Discharging Managerial Responsibilities

The Company announces that the following PDMRs were granted a share award in accordance with the rules of the Rathbone Brothers Plc 2015 Executive Incentive Plan for 2019. The award was based on a share price of £15.31, being the average of the closing mid-market share price during the 20 business days to 20 March 2020.

 

This award will vest over a five year period in equal tranches of 20% per annum. During this time, the award is subject to a full five year sale restriction period and will operate from the date of the award. The PDMRs will not be permitted to sell shares during the sale restriction period except for the purpose of meeting tax liabilities on vesting. The awards are subject to malus and clawback provisions.

 

The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Enquiries:

 

Ali Johnson

Company Secretary

Telephone - 0207 399 0326

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Stockton

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rathbone Brothers Plc

b)

LEI

213800MBTHM6UE8ZQP29

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 5p each

ISIN: GB0002148343

b)

Nature of the transaction

Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

24,326

d)

Aggregated information 

 

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

2020-03-23

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jennifer Mathias

2

Reason for the notification

a)

Position/status

Group Finance Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rathbone Brothers Plc

b)

LEI

213800MBTHM6UE8ZQP29

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 5p each

ISIN: GB0002148343

b)

Nature of the transaction

Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

13,233

d)

Aggregated information 

 

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

2020-03-23

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Butcher

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rathbone Brothers Plc

b)

LEI

213800MBTHM6UE8ZQP29

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 5p each

ISIN: GB0002148343

b)

Nature of the transaction

Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

15,837

d)

Aggregated information 

 

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

2020-03-23

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sarah Owen-Jones

2

Reason for the notification

a)

Position/status

Chief Risk Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rathbone Brothers Plc

b)

LEI

213800MBTHM6UE8ZQP29

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 5p each

ISIN: GB0002148343

b)

Nature of the transaction

Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

18,259

d)

Aggregated information 

 

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

2020-03-23

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mike Webb

2

Reason for the notification

a)

Position/status

CEO of RUTM and Head of Marketing

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rathbone Brothers Plc

b)

LEI

213800MBTHM6UE8ZQP29

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 5p each

ISIN: GB0002148343

b)

Nature of the transaction

Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

18,183

d)

Aggregated information 

 

- Aggregated volume

- Price

 

Not applicable - single transaction

e)

Date of the transaction

2020-03-23

f)

Place of the transaction

Outside a trading venue

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHSEDFWMESSEED

a d v e r t i s e m e n t